Yes for construction loan only
Hi All I am just wondering if i was to apply for a construction loan for a development, what are the basic high level calculations? Ie. fixed...
Hi all I want to build a granny flat in my backyard but my property is about 11m frontage + 430m2 in a heritage overlay (located in Inner West...
It also includes the 100k im paying myself as a wage
Hi Terry Yes $850K is GST inclusive. It includes $50K gst from margin scheme (100K GST minus 50k gst deduction from construction). It also...
Yes that is right. I see a lot of people asking about interest on loans, wages, selling fees, council costs etc. I dont understand why they are a...
Yes I am aware. The money is to be kept inside the company account (for now) with the purpose of going onto the next project. I am looking for...
Development covers everything except for company tax as written
So technically it is a loan (interest free) from my personal
Development Scenario Site Purchase: $1.25million (+$50K Stamp Duty) under COMPANY ENTITY Total Development Cost (including GST): $850K...
Hi everyone I am currently doing a reno & flip in the innerwest Sydney and am considering the following finishes. What would be your thoughts on...
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